Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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  Print      Mail a friend       Annual reports

Thursday 17 May, 2012


Interim Management Statement

UTV Media plc

Interim Management Statement 17 May 2012

The following Interim Management Statement for UTV Media plc covers the period
from the beginning of the Group's current financial year, 1 January 2012, to
the date of this announcement and incorporates the Group's four month trading
period ended 30 April 2012.

During those four months the Group experienced an overall revenue increase from
continuing operations of 2% compared to last year. Excluding the impact of
negative foreign exchange movements, the increase in revenue in this period was

Trading performance for the fourmonth period ended30 April 2012and Outlook by
Business Division

Radio GB

Radio GB revenue for the four months to the end of April rose by 8% compared to
the same period last year. This is slightly ahead of the UK radio market which,
we believe, grew by 7% during the same period. talkSPORT revenue increased by
16% over the same period. We expect a year on year revenue increase of around
20% for Radio GB in May and June mainly reflecting the positive impact of UEFA
Euro 2012 and the build up to the Olympics.

Radio Ireland

Revenue in our Radio Ireland division increased by 1% on a local currency
basis. We anticipate this positive trend to continue in May and June with like
for like sales increasing by 3%. However the negative impact of foreign
exchange movements resulted in an overall revenue decline of 2% from January to
April and is expected to result in a revenue decrease after exchange of 5% for
May and June.


National Advertising Revenue (NAR) in our television operations declined by 6%
in the four month period to 30 April with total revenue (including other
income) reducing by 4%. We envisage NAR growth of 2% in May and June and total
revenue in this period to be up by 3%.

New Media

Revenue in our New Media business for the first four months to 30 April grew by
3% compared to the same period in 2011. We anticipate that in May and June,
revenues for this division will increase by 15% on last year. This will largely
reflect the impact of Simply Zesty, the social media agency acquired in March

Net Debt

We continue to place emphasis on cash generation and debt management. Our key
banking covenant ratio of Net Debt: EBITDA was 1.76:1 at 31 March 2012 (1.88:1
at 31 December 2011).

Summary and Outlook

Trading in the first half of 2012 is currently in line with our expectations
with the major sporting events of Euro 2012 and the London Olympics expected to
generate strong revenue growth during the summer. In addition the recently
announced affiliate relationship with ITV, the acquisition of Simply Zesty, the
establishment of talkSPORT worldwide and the five year refinancing of our
banking facilities all offer positive opportunities for the development of the
business. Continuing economic uncertainty, however, means airtime bookings
remain short term and forward visibility is limited. We therefore remain
cautious about the remainder of the year but believe we will continue to
deliver on market expectations.

For further information contact:

Tom Buchanan/Rowan Brown                            +44 (0) 20 7379 5151

UTV Media plc
John McCann Group Chief Executive
Norman McKeown Group Finance Director
Orla McKibbin Head of Communications                +44 (0) 7879 666427 /
                                                    +44 (0) 28 9026 2188

Cautionary Statement

Figures presented in this interim management statement are not audited. This
announcement contains certain forward-looking statements with regards to the
financial condition and results of the operations of UTV Media plc. Because 
these statements and forecasts involve risk factors which are associated with,
but are not exclusive to, the economic and business circumstances occurring
from time to time in the countries and sectors in which the group operates,
actual results may differ materially from those expressed or implied by these
forward-looking statements. These forward-looking statements are made only as
at the date of this announcement. Nothing in this announcement should be
construed as a profit forecast. Other than required by law, UTV Media plc
undertakes no obligation to update the forward-looking statements.

a d v e r t i s e m e n t